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And if Greece left, other countries could follow, creating financial turmoil.
This includes passing legislation designed to stop illicit flows, creating financial intelligence units and monitoring banking activities.
The US has fallen behind some developing countries when it comes to creating financial services aimed at serving the poor.
And it has initiated a shift in reimbursement to health-care providers from rewarding volume to rewarding value, creating financial incentives for providers to reduce unnecessary spending.
Regulators knew that banks were creating financial instruments whose primary purpose was to increase reported capital in dubious ways, but they did nothing about it.
Dr. Castronova envisions creating financial games to study how bubbles and panics occur, or virtual cities to see how they respond to disasters.
It has also created new challenges for protecting intellectual property and threatened revenue streams from document copying, creating financial challenges for some institutions.
The number of beneficiaries will grow much faster than the number of workers paying taxes, creating financial difficulties for the program.
Of course, there is always a risk that an apartment will sit on the market a little too long, creating financial havoc for households without large savings.
"By the bureau's own estimates this rule will eliminate 84% of loan volume, thereby creating financial havoc in communities across the country.
IN today's market, some developers are creating financial programs that will persuade skittish buyers to overcome their fears and buy apartments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com